In a report released today, Connor Siversky from Wells Fargo maintained a Hold rating on CareTrust REIT (CTRE – Research Report), with a price target of $23.00. The company’s shares closed last Friday at $23.09.
Siversky covers the Real Estate sector, focusing on stocks such as Agree Realty, Omega Healthcare, and Four Corners Property. According to TipRanks, Siversky has an average return of -2.0% and a 42.71% success rate on recommended stocks.
Currently, the analyst consensus on CareTrust REIT is a Strong Buy with an average price target of $23.25.
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The company has a one-year high of $23.19 and a one-year low of $17.11. Currently, CareTrust REIT has an average volume of 1.34M.
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CareTrust REIT (CTRE) Company Description:
CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.
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